Market

SAMA Licenses Fintech Consumer Microfinance Company

The Saudi Central Bank (SAMA) licensed “Loan” to provide consumer microfinance solutions through financial technology. With Loan, there are now six authorized companies offering consumer microfinance solutions in Saudi Arabia.This decision reflects SAM…

Bahrain All Share Index marks 1,981.66 points

Bahrain All Share Index closed at 1,981.66 points, marking a decrease of 0.76 points below the previous closing.This decrease was due to the drop in the communication service Sector and consumer discretionary sector.Bahrain Islamic Index closed at 771…